Core Molding Technologies Stock Current Valuation
CMT Stock | USD 18.54 0.16 0.87% |
Valuation analysis of Core Molding Technologies helps investors to measure Core Molding's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. Enterprise Value Multiple is likely to gain to 4.52 in 2024. Fundamental drivers impacting Core Molding's valuation include:
Price Book 1.1449 | Enterprise Value 158 M | Enterprise Value Ebitda 3.9822 | Price Sales 0.45 | Forward PE 12.0919 |
Undervalued
Today
Please note that Core Molding's price fluctuation is very steady at this time. Calculation of the real value of Core Molding Technologies is based on 3 months time horizon. Increasing Core Molding's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for Core Molding Technologies is useful when determining the fair value of the Core stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of Core Molding. Since Core Molding is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Core Stock. However, Core Molding's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. Historical | Market 18.54 | Real 23.17 | Target 28.0 | Hype 18.54 | Naive 17.66 |
The real value of Core Stock, also known as its intrinsic value, is the underlying worth of Core Molding Technologies Company, which is reflected in its stock price. It is based on Core Molding's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Core Molding's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Core Molding's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Core Molding Technologies helps investors to forecast how Core stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Core Molding more accurately as focusing exclusively on Core Molding's fundamentals will not take into account other important factors: Core Current Valuation Analysis
Core Molding's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Core Molding Current Valuation | 157.97 M |
Most of Core Molding's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Core Molding Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Core Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Core Molding is extremely important. It helps to project a fair market value of Core Stock properly, considering its historical fundamentals such as Current Valuation. Since Core Molding's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Core Molding's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Core Molding's interrelated accounts and indicators.
Click cells to compare fundamentals
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Competition |
In accordance with the recently published financial statements, Core Molding Technologies has a Current Valuation of 157.97 M. This is 98.62% lower than that of the Chemicals sector and 99.49% lower than that of the Materials industry. The current valuation for all United States stocks is 99.05% higher than that of the company.
Core Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Core Molding's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Core Molding could also be used in its relative valuation, which is a method of valuing Core Molding by comparing valuation metrics of similar companies.Core Molding is currently under evaluation in current valuation category among related companies.
Core Fundamentals
Return On Equity | 0.16 | ||||
Return On Asset | 0.082 | ||||
Profit Margin | 0.06 % | ||||
Operating Margin | 0.03 % | ||||
Current Valuation | 157.97 M | ||||
Shares Outstanding | 8.66 M | ||||
Shares Owned By Insiders | 14.68 % | ||||
Shares Owned By Institutions | 63.46 % | ||||
Number Of Shares Shorted | 375.89 K | ||||
Price To Earning | 11.19 X | ||||
Price To Book | 1.14 X | ||||
Price To Sales | 0.45 X | ||||
Revenue | 357.74 M | ||||
Gross Profit | 52.4 M | ||||
EBITDA | 37.43 M | ||||
Net Income | 20.24 M | ||||
Cash And Equivalents | 4.18 M | ||||
Cash Per Share | 0.01 X | ||||
Total Debt | 26.8 M | ||||
Debt To Equity | 0.33 % | ||||
Current Ratio | 1.42 X | ||||
Book Value Per Share | 16.05 X | ||||
Cash Flow From Operations | 34.84 M | ||||
Short Ratio | 8.70 X | ||||
Earnings Per Share | 2.31 X | ||||
Target Price | 25.5 | ||||
Number Of Employees | 1.86 K | ||||
Beta | 1.67 | ||||
Market Capitalization | 160.99 M | ||||
Total Asset | 213.38 M | ||||
Retained Earnings | 122.07 M | ||||
Working Capital | 56.69 M | ||||
Current Asset | 62.68 M | ||||
Current Liabilities | 31.15 M | ||||
Z Score | 6.98 | ||||
Net Asset | 213.38 M |
About Core Molding Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Core Molding Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Core Molding using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Core Molding Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Core Molding Technologies, Inc., together with its subsidiaries, operates as a molder of thermoplastic and thermoset structural products. Core Molding Technologies, Inc. was incorporated in 1996 and is headquartered in Columbus, Ohio. Core Molding operates under Specialty Chemicals classification in the United States and is traded on AMEX Exchange. It employs 1584 people.
Pair Trading with Core Molding
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Core Molding position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Core Molding will appreciate offsetting losses from the drop in the long position's value.Moving together with Core Stock
0.72 | DNMR | Danimer Scientific Earnings Call Today | PairCorr |
Moving against Core Stock
0.63 | NANX | Nanophase Technol Report 3rd of April 2024 | PairCorr |
0.42 | CC | Chemours Earnings Call Today | PairCorr |
The ability to find closely correlated positions to Core Molding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Core Molding when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Core Molding - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Core Molding Technologies to buy it.
The correlation of Core Molding is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Core Molding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Core Molding Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Core Molding can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Core Molding Piotroski F Score and Core Molding Altman Z Score analysis. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for Core Stock analysis
When running Core Molding's price analysis, check to measure Core Molding's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Core Molding is operating at the current time. Most of Core Molding's value examination focuses on studying past and present price action to predict the probability of Core Molding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Core Molding's price. Additionally, you may evaluate how the addition of Core Molding to your portfolios can decrease your overall portfolio volatility.
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Is Core Molding's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Core Molding. If investors know Core will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Core Molding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.57) | Earnings Share 2.31 | Revenue Per Share 41.841 | Quarterly Revenue Growth (0.15) | Return On Assets 0.082 |
The market value of Core Molding Technologies is measured differently than its book value, which is the value of Core that is recorded on the company's balance sheet. Investors also form their own opinion of Core Molding's value that differs from its market value or its book value, called intrinsic value, which is Core Molding's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Core Molding's market value can be influenced by many factors that don't directly affect Core Molding's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Core Molding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Core Molding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Core Molding's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.